Buying insurance doesn't have to be hard. I can show you the way.

3 Things that could change your home insurance costs

Did you know that putting on a new roof or installing new HVAC equipment could lower your homeowners insurance premiums?

That’s just one of many things that could lower your homeowners insurance costs. In addition if you haven’t reviewed your policy in a while, you may be over insured.

One of the few benefits of a slower housing market is that the costs of construction are reduced meaning it could be less expensive to rebuild than the costs originally estimated by your provider. For example we recently saw a dwelling replacement coverage of $600k for a home that was purchased and insured in 2006. I today’s market we insured the home for $450,000 and cut their premiums by 30% and actually provided them with a better policy.

Finally, if you had a prior claim on your policy, check to see if it is still being counted against you. Most homeowners companies count claims that occurred in the last 5 years. If it has been more than 5 years you may want to shop around for a better rate or contact your insurance company to inquire about a reduction in costs.

Regardless it’s a good idea to review your policy annually and potentially shop your insurance every 3-5 years to make sure you are properly covered given changes in your life and to identify possible savings.

At COMPARITY we pride ourselves on being unbiased and fair in our recommendations. If we can ever assist you with one of our free comparisons from our 30+ providers or simply answer a insurance related question- just give us a call at 1-844-COMPARE